GS Power Partners, a Stamford, CT-based independent power producer in the distributed generation (DG) solar sector, received $22M in financing from Amalgamated Bank (Nasdaq: AMAL).
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Jason Kuflik, GS Power Partners is an independent power producer (IPP) that acquires, develops, finances and owns distributed generation (DG) commercial and industrial (C+I) and community solar projects. Since its founding in 2015, the company has focused on project development in the DG solar sector. It maintains a portfolio of 300+ megawatts of solar assets, mainly concentrated in the Northeast and Midwest.
The financing package encompassed five GSPP community solar projects in New York, totaling 25.5 megawatts (MWdc).
FinSMEs
13/03/2025